Insights & Education

This past April, the Biden administration announced the $1.8 trillion American Families Plan, which would expand access to education, affordable childcare and various tax credits. The plan (as proposed) would largely be funded by additional taxes on high earners. Since that time, taxpayers have been left wondering whether tax reform could become a reality, and if so, to what extent. While negotiations are still ongoing, we summarize recent political developments and the outlook for upcoming tax legislation.

SPACs have become a popular investment strategy, raising substantial funds in 2020. But how do SPACs work? And should you be investing in them?

The IRS has extended the tax filing season for a second time since the start of the COVID-19 pandemic. Here's what those who have yet to file their tax return need to know.

Car buying can be stressful, but determining whether or not to buy brand new can help the decision-making process go a little easier.

Whether you've run a business for years or are starting, understanding your business taxes is essential. If you've been affected by COVID-19, here's how the CARES Act impacts business taxes for 2020.

The CARES Act provided economic benefits in direct response to COVID-19. Read on to learn the ways you can access these benefits for the 2020 tax year.